Plan Ledger DOL Form 5500 · updated monthly

Church Homes, Inc., CongregationalMoney purchase plan

CHURCH HOMES, INC., CONGREGATIONAL DEFINED CONTRIBUTION RETIREMENT PLAN · HARTFORD, CT · plan year 2022

Reported admin expense ratio · 2022
0.60%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Church Homes, Inc., Congregational reported $88,374 in plan administrative expenses for 2022: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,600 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.60% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (690th of 1,106), and the 5,001st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$12,594,335
Participants with balances246
Active participants174
Employer contributions$974,336
Employee contributions—
Employer contribution per active participant$5,600
Average account balance$51,196
Benefits paid to participants$2,877,637
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 227 accts · $958K emplr
2023$11.9M · 228 accts · $928K emplr
2022$12.6M · 246 accts · $974K emplr
Administrative expenses, itemized · 2022
Investment management$11,977
Total administrative$88,374
Employer contributions to the Church Homes, Inc., Congregational plan · 2022
Employer contribution per active participant$5,600
Median for plans this size$2,266
2024$5,263 per active participant
2023$5,274 per active participant
2022$5,600 per active participant

Church Homes, Inc., Congregational's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$77,582 · 0.65%
2023$79,472 · 0.65%
2022$88,374 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Marrakech, Inc. CT$12.8M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060763898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.